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What the definition of assets?

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Anonymous

7y ago
Updated: 9/24/2021

An asset is a resource controlled by an entity (ie. the entity is entitled to the benefits or can restrict use of the asset) as a result of a passed event (ie. signing of a contract) from which future economic benefits are expected to flow to the entity to whom the asset belongs.

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Darrin Kozey

Lvl 10
3y ago

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